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The retreat on the Gulf and Saudi Arabia stock exchanges is growing with the support of the Al-Fajr website leaders on Monday, October 29, 2018.
Five Gulf stock markets tumbled at the end of Monday's trading session, and the Saudi Stock Exchange and the Qatar Stock Exchange reversed the trend, boosting the market capitalization of the Gulf markets.
Muscat Securities Market (MSM) was the biggest loser, with the United Arab Emirates (Abu Dhabi and Dubai) ranking second and third, respectively.
The Gulf market capital posted a positive result with market gains of about US $ 2.2 billion, bringing the total market value to about US $ 1.5 trillion, directly due to gains in the market. Saudi market.
The index of the Saudi stock market – TASI, trading on Monday, rose 0.6%, winning 44.86 points, to reach the level of 7847.51 points, in a context of almost massive recovery of its shares. sectors.
The market value of shares listed on the Saudi market reached 1 873 billion riyals (499 billion dollars), against 1.863 billion riyals (496.67 billion dollars) Sunday, with market gains of about 9 billion riyals (2.4 billion dollars).
The Qatar Exchange lost its morning losses to end the green zone on Monday with a gain of 0.47% to gain 47.31 points and reach 10191.68 in the midst of the growth of 4 sectors led by the banks in a context of recovery of trading.
In contrast, the Dubai financial market continued to decline at the end of Monday's session as traders favored profit-taking and sales for some of the leading stocks in anticipation of an increase in mid-term results.
The general market index fell 0.37%, losing 10 points to 2,714.83 points, in line with the performance of the previous session.
The benchmark Abu Dhabi ended the session on Monday, plummeting, while the banking and energy sector fell 0.53% to 4,871.58 points, or 25.99 points.
Kuwaiti indices fell collectively at the end of the talks on Monday, as the three market indices, the year, the first and the main, had the same percentage of 0.02%.
The benchmark ended the day Monday, losing 0.57% to close at 4428.8 points, down 25.17 points from Sunday's session.
The total market capitalization of listed securities fell by 0.205% to 18.334 billion rupees (47.531 billion dollars), against 18.372 billion rupees (47.629 billion dollars) Sunday.
The Bahraini financial market (BSE) returned at the end of Monday's session, losing 0.29% to 1315.04 points, losing 3.84 points during the session.
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Source: Dawn
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